本公司拟于近日与北京银行长沙分行签署《保证合同》，为长沙北辰向北京银行长沙分行提供连带责任保证担保，以担保长沙北辰按时足额清偿其在《借款合同》项下产生的全部债务。担保的主债权本金金额累计不超过人民币12亿元，担保期间为《借款合同》项下被担保债务的履行期届满之日起三年。BEIJING N STAR (00588) issued a notice that its wholly-owned subsidiary Beijing North Star Real Estate Group Co., Ltd. (...)
According to the news from Zhito Finance APP, BEIJING N STAR (00588) announced that its wholly-owned subsidiary Beijing North Star Real Estate Group Co., Ltd. (hereinafter referred to as 'Beijing North Star Real Estate') plans to sign a 'Loan Contract' with the Changsha Branch of Bank Of Beijing (hereinafter referred to as 'Bank Of Beijing Changsha Branch') in the near future to apply for a commercial property mortgage loan amounting to 1.2 billion yuan (人民币壹拾贰亿元整), with a term of 15 years.
Beijing North Star plans to sign a 'Mortgage Contract' with Bank Of Beijing Changsha Branch in the near future, providing mortgage guarantees with 101 properties including the G floor 01 of Building D1-1 of North Star Times Square located at 1500, Section 3, Xiangjiang North Road, held by Beijing North Star, to secure all debts under the 'Loan Contract', with the principal amount of the guaranteed main debt not exceeding 1.2 billion yuan.
The company plans to sign a "Guarantee Contract" with the Bank Of Beijing Changsha Branch in the near future, providing joint liability guarantees for Changsha North Star to ensure the timely and full repayment of all debts incurred under the "Loan Contract". The total principal amount of the guaranteed main debt does not exceed 1.2 billion yuan, and the guarantee period is three years from the expiry of the performance period of the guaranteed debts under the "Loan Contract".
In addition, the company plans to issue a 'Liquidity Support Commitment Letter' (hereinafter referred to as 'Commitment Letter') to Bank Of Beijing Changsha Branch regarding the loan mentioned in the 'Loan Contract', committing that if Beijing North Star experiences a cash shortfall in repaying the principal and interest as agreed in the 'Loan Contract', the company will unconditionally provide liquidity support to Beijing North Star. The principal amount of the guaranteed main debt does not exceed 1.2 billion yuan, and the guarantee period lasts from the date the 'Commitment Letter' is stamped with the company's official seal until the loan is fully repaid.
